WIND ENERGY RENEWABLES LLP

• ◆

  1 PSC ceased in last 24 months

  Significant control changed hands — see the Ownership section.

Values shown as filed in the company's annual accounts. — indicates the figure wasn't present under that line item in that period. About these numbers

• Turnover

  -17.4%

  £13,316,137 → £11,005,685

• Cash

  -82.3%

  £6,993,222 → £1,234,367

• Net assets

  -17.8%

  £74,014,223 → £60,869,629

• Employees

  —

  Not reported

• Operating profit

  -26.1%

  £10,243,636 → £7,568,428

• Profit before tax

  -45.3%

  £6,704,025 → £3,666,577

Each % is (latest − prior) ÷ |prior| for the line item as filed. The comparison is only shown when the latest and prior accounts cover broadly equal-length periods — short or long stubs (typical around incorporation or a year-end change) are suppressed rather than misrepresented. Lines a company doesn't report are omitted. About these numbers

Margins divide P&L lines by turnover. Gearing is liabilities over total assets. Current ratio is current assets over creditors falling due within one year. Interest cover is operating profit over absolute finance costs. Sector-distribution context coming next.

Accounting basis

FRS 102

Reporting scope

Standalone (parent only)

Auditor

Forvis Mazars LLP

Audit opinion

Unqualified (clean)

Going concern

Affirmed

“In auditing the financial statements, we have concluded that the members' use of the going concern basis of accounting in the preparation of the financial statements is appropriate. Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the LLP's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.”

Significant events

• “US Tariff Reforms: The international trade tariff increases have not directly impacted the Company's trading business because the activities are all within the UK. However, the wider impact of the tariffs on the economy has filtered through to the valuation of the assets, specifically when assumptions are made on items such as inflation, interest rates and discount factors.”
• “Energy Generation Levy: The Energy Generation Levy (EGL) was announced by the chancellor in the Autumn Statement 2022. The EGL is a response to the global spike in energy prices since COVID-19 and Russia's invasion of Ukraine. The Levy applies to electricity-generating businesses which are experiencing exceptional returns for the generation of electricity without a commensurate rise in the cost of producing electricity.”

Auditor, going-concern and subsidiary information is drawn from the narrative of the latest annual accounts. About these numbers

Filings

20

last 12 months

Capital events

0

last 24 months

Officers appointed

0

last 12 months

Officers resigned

0

last 12 months

Direct counts from the register. No score, no rating — see the Filing timeline for the underlying events.